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Here's the real unemployment rate
WND ^ | 1/14/2013 | Jerome R. Corsi

Posted on 01/15/2013 2:03:13 AM PST by Brown Deer

Government's 'headline' statistics hide true conditions

The real unemployment rate for December 2012 is closer to 23 percent, not the 7.8 percent reported by the Bureau of Labor Statistics, according to economist John Williams.

Here is a more complete unemployment table that includes the seasonally adjusted unemployment percentages for U3 unemployment, as well as the same for U6 unemployment, followed by the ShadowStats Alternative Unemployment rate for both December 2011 and December 2012:


(Excerpt) Read more at wnd.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: bls; unemployment
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1 posted on 01/15/2013 2:03:23 AM PST by Brown Deer
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Comment #2 Removed by Moderator

To: Brown Deer

Learned many years ago to take what the government says with a grain of salt, then it may be true.


3 posted on 01/15/2013 2:30:26 AM PST by piroque ("In times of universal deceit, telling the truth becomes a revolutionary act")
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To: F15Eagle

This should be pounded right thru the thick skulls of stupid, ‘low information’ public school graduates...23% unemployment rate...counting people who do NOT collect unemployment benefits...counting those who have given upon finding work.


4 posted on 01/15/2013 2:40:36 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: who knows what evil?

ANNNND...NOT counting those who have graduated and can’t find jobs. With those added and those who ran out of unemployment comp and were placed on SSDI, I still contend the REAL unemployment statistics are over 30%.


5 posted on 01/15/2013 2:46:42 AM PST by Safetgiver ( Islam makes barbarism look genteel.)
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To: Brown Deer
While these are the actual figures, take comfort we are not using the EUs figures which would be double for the unemployment rate.

The truth is that it is now easier for the government to retire workers with social security benefits and other public assistance who are older or non-productive and make openings for the younger people. The real crisis is that older folks will find it harder to work, ever again. The young will eventually obtain some type of employment.

It should be a Republican/Conservative initiative to limit employment at non-profits, these types of employee(s) are really just adding welfare type jobs to donations; charity should not become a major employer for liberal causes - and for conservative causes become extinct....

6 posted on 01/15/2013 2:56:44 AM PST by Jumper
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To: Safetgiver
AANNNND...NOT counting those who have graduated and can’t find jobs. With those added and those who ran out of unemployment comp and were placed on SSDI, I still contend the REAL unemployment statistics are over 30%.

AAAWWWW S/G yer just about what all these other carpers here are about...namely tryin to rain on the parade of an earnest prez'. whooze about the bidness of tryin to fundamentally change this nation... yer jus crappin on a golden moment in history izall...ARRRRRGH! BUT..to tellya da trudt...i dont think Ranger Cordell believes in the guy either:
7 posted on 01/15/2013 3:38:58 AM PST by jimsin
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To: Brown Deer

obambi has got his wish; we are now a third world country. With unemployment this high, riots are inevitable. Look at Greece, Spain and Argentia to see what’s coming.


8 posted on 01/15/2013 4:16:16 AM PST by NTHockey (Rules of engagement #1: Take no prisoners)
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To: who knows what evil?

And for those who have used up all of their unemployment benefits, rolling them over to disability (massive numbers last year), so that they continue not to be counted.


9 posted on 01/15/2013 4:31:49 AM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: Brown Deer

I collect unemployment figures for them, people are begging for more hours, ie: to REALLY be EMPLOYED.


10 posted on 01/15/2013 4:42:57 AM PST by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: Brown Deer

P.S. if you work ONE HOUR in the ‘week’ that is calculated, EVEN BABYSITTING (which they specifically say), you are ‘employed.


11 posted on 01/15/2013 4:46:15 AM PST by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: Safetgiver

As I read stats like this, I keep thinking of the guy I know that had a long term job that paid him six figures. He was then laid off in 2007. After over a year looking for work he’s now working the floor at Lowes for a fraction of that amount.

But he’s not unemployed.


12 posted on 01/15/2013 4:59:35 AM PST by cuban leaf (Were doomed! Details at eleven.)
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To: Brown Deer

!


13 posted on 01/15/2013 5:02:39 AM PST by skinkinthegrass (who'll take tomorrow,spend it all today;who can take your income,tax it all away..0'Bozo man can :-)
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To: Brown Deer

Just a reminder. After four entire years Obama has the reported unemployment rate right back where it was when he tok office. That is hardly what I call a recovery.


14 posted on 01/15/2013 5:02:49 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: autumnraine

I calculate the real unemployment rate as those receiving UI payments, those whose payments have run out but are still looking for work, those of working age who are no longer looking for work and receiving some sort of government assistance (including those hardcore welfare cases who have never worked and never will work). If working Americans realized how few their number really is and how many others that they have to support, they’d understand how the deficit has exploded the way it has. And with the baby boomers now entering retirement years and starting to draw on Social Security and Medicare, the demographic vice will tighten around America’s neck. If you add up all the people in America and take out the young, spouses who do not work outside the home, the retired, the disabled, the welfare people, the unemployed and those who earn too little to pay federal tax, the actual number of Americans paying federal income tax is fewer than 100 million. Fewer than a third of Americans are carrying the can for the entire nation. It’s not sustainable and the situation is only going to get worse.


15 posted on 01/15/2013 5:13:55 AM PST by littleharbour
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To: Jumper
Agree with your comment on elder people not being able to find employment as both my wife and I are examples. However, I have to disagree on your comment regarding non-profits. One of our children was involved with Boys And Girls Club. They provide a very necessary service for many disadvantaged youth. There was no political agenda - common goal was to help the kids, and they had positive results. My own youth was influenced by organized sports at the YMCA and I passed this on to our children via a family membership in later life. As a commercial lender for regional banks, I lent to non-profits providing services that were necessary for individuals but not covered in local budgets. Take away some of these non-profits and their services and the government will step in to fill the void, thus increasing taxes, control and indoctrination.
16 posted on 01/15/2013 5:18:56 AM PST by Boomer One
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To: Brown Deer

Even these numbers are far too low.

To get a true picture, you need to look at the “Labor Participation Rate”, which is not buried under layers of lies.

Plenty of people who have no job skills also get declared as ‘disabled’, so they play the system for money.

Able bodied people of working age who are employed is now below 64%. That means a greater than 35% unemployment rate.

http://data.bls.gov/timeseries/LNS11300000


17 posted on 01/15/2013 5:50:50 AM PST by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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To: autumnraine

Yes, but the majority of the people on unemployment don’t report cash jobs.


18 posted on 01/15/2013 5:50:50 AM PST by Blood of Tyrants (The only thing that Hollywood gets right about guns is that criminals will always get them.)
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To: who knows what evil?

The unemployment rate for those “low information” voters is even higher. I’m surprised they can’t see it.

It’s ironic that the group who experiences one unseasonably warm day and then gets hysterical about global warming is the same group that can know dozens of unemployed friends and family members, but dismiss that as irrelevant and not think there is anything wrong with the economy or with government employment figures.


19 posted on 01/15/2013 5:58:59 AM PST by generally (Don't be stupid. We have politicians for that.)
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To: littleharbour

Fewer than a third of Americans are carrying the can for the entire nation. It’s not sustainable and the situation is only going to get worse.

&&&&

Perhaps this can be illustrated to low info voters by asking how many thin people can be seen wandering around looking for food. Did you say ‘none.’ Well, who is feeding millions of non-workes? Oh, we are!


20 posted on 01/15/2013 6:37:32 AM PST by maica (Welcome to post-rational America.)
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